enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

Nor Lines adds Rotterdam to LNG-powered Norway service
ROTTERDAM: April 22, 2018. Nor Lines, a subsidiary...

Read more

AAL adds to its European agency network
SINGAPORE: April 19, 2018. Breakbulk and project c...

Read more

DFDS to acquire Turkey's U.N. Ro-Ro
COPENHAGEN: April 18, 2018. European short-sea RoR...

Read more

Etihad Cargo supports bustard relocation
ABU DHABI: April 18, 2018. In the past three years...

Read more

New CMA CGM rail link between UK and China
LONDON GATEWAY: April 18, 2018. GB Railfreight, ow...

Read more

Dutch add more short-sea capacity to London
LONDON: April 18, 2018. Dutch-based A2B-online Con...

Read more

Saudia Cargo gets new CEO
JEDDAH, Kingdom of Saudi Arabia: April 17, 2018. F...

Read more

Turkish Cargo to introduce new routes
ISTANBUL: April 17, 2018. Turkish Cargo is to begi...

Read more

West Atlantic to operate Boeing's first converted 737-800...
Nor Lines adds Rotterdam to LNG-powered Norway service...
AAL adds to its European agency network
DFDS to acquire Turkey's U.N. Ro-Ro
Etihad Cargo supports bustard relocation
New CMA CGM rail link between UK and...
Dutch add more short-sea capacity to London
Saudia Cargo gets new CEO
Turkish Cargo to introduce new routes

Latest News

Airbus Mobile AL
20 Apr, 2018

Port of Mobile signs for new US$60 million RoRo auto terminal

in ports
MOBILE, AL: April 18, 2018. The Port of Mobile is to open a new vehicle processing RoRo…
Arthur Welter
20 Apr, 2018

Luxembourg adopts cross-border electronic consignment document

in Road
LUXEMBOURG, GD: April 20, 2018. Luxembourg and the Netherlands have followed Spain and…
CEVA Logistics
20 Apr, 2018

CEVA Logistics announces IPO and planned stake by CMA CGM

in Latest News
MARSEILLE: April 20, 2018. CMA CGM is planning to buy CEVA Logistics securities at a cost…
Lekki port CMA CGM
17 Apr, 2018

Nigeria’s first deep-sea port to open in 2020

in ports
LEKKI PORT, Nigeria: April 16, 2018. CMA CGM and Lekki Port LFTZ Enterprise have signed…
Rift Valley Railways
17 Apr, 2018

World Bank sanctions African Railways Logistics

in Rail
WASHINGTON, April 16, 2018. The World Bank Group has barred Africa Railways Logistics…
HyperloopTT Tube2
16 Apr, 2018

Hyperloop technology takes another high-speed step

in Latest News
TOULOUSE: April 16, 2018. HyperloopTT has taken delivery of full-scale passenger and…
ZIPLINE drone
13 Apr, 2018

First drone delivery network for medicines set to expand

in Humanitarian
ATLANTA: April 13, 2018. The UPS Foundation has awarded grants and in-kind support of…
Charleston harbor
13 Apr, 2018

BMW helps Port of Charleston achieve March record

in Ocean
CHARLESTON, SC: April 11, 2018. The South Carolina Ports Authority (SCPA) reports an…
IRI World Congress
12 Apr, 2018

European road transport operators want technology to replace paper

in Road
AMSTERDAM: April 12, 2018. A survey of European road haulage operators by the world…

BASEL: May 03, 2017. Panalpina has agreed to purchase Air Connection, a Kenya-based forwarder of perishables, following the acquisition of Danish ocean logistics company Carelog. Financial terms have not been disclosed for either transaction.

The move comes after Panalpina's acquisition of Kenya-based perishables forwarder Airflo in 2015, and only two weeks after the company formally announced the launch of its Perishables Network.

Air Connection is currently Kenya's fourth largest airfreight forwarder in terms of export volumes and the merger with Airflo is expected to handle around 70,000 tons of flowers, fruit and vegetables a year.

Kenya RosesAccording to Manjit Brar, owner and managing director of Air Connection, his company's strength lies in arranging smaller shipments on scheduled passenger flights to over 150 destinations worldwide rather than shipping huge volumes to Amsterdam via freighter.

Panalpina Airflo managing director Conrad Archer explained why: "Increasingly, buyers of perishables want to source directly from the producer and producers want to sell directly to the country of consumption. It removes unnecessary costs, potential delays and most importantly allows a fresher product to be offered to the consumer.

"Joining forces with Air Connection will offer additional opportunities to grow the perishables business in Kenya, especially with the export of vegetables, herbs and cuttings," he continued.

In addition to its cold storage facilities in Nairobi, Air Connection operates an office in Mombasa where Panalpina plans to develop its ocean freight business for perishables using reefers.

Meanwhile the company has completed the purchase of a majority stake in ocean specialist Carelog Freight Service to "increase our market share in Denmark," according to Panalpina CEO Stefan Karlen. "The country has many export-oriented companies and its biggest industries, namely manufacturing, consumer, retail, fashion as well as healthcare, are industries that we focus on and serve globally."

Launched in 2008, Carelog provides ocean, air and logistics services from six Danish locations including Copenhagen, Aarhus and Odense: "Although we may merge with a global player we will always be conscious of our roots and stay flexible for and committed to our existing local customers," declared Lars Engbo, managing director and one of Carelog's founders.

Corporate News

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -